The Swedish Club shares knowledge
(Posted on 22/01/19)
The Swedish Club has launched its new edition of Claims at a Glance, a whistle-stop tour of cases and statistics taken from its experiences in Loss Prevention over the last three years. Claims at a Glance offers the Club’s own perspective on some of the real-life cases it has recently dealt with and provides updates on some of the Club’s key Loss Prevention publications from the last three years.
It makes interesting reading: in the time period studied the report finds that a pilot is on board ship during 30% of all collisions; 66% of all contacts and 58% of all groundings. It reports that 55% of all auxiliary engine claims occur within the first 1,000 hours of overhaul; and since the last report, you are now more likely to suffer a slip or fall on a bulk carrier than a container vessel or a tanker.
Claims at a Glance reviews both P&I and H&M issues ranging from cargo damage, navigational error and machinery through to piracy and injuries and illness.
Joakim Enström, Loss Prevention Officer at The Swedish Club believes in the importance of sharing the Club’s knowledge base: “Accidents do happen and as an insurer we experience them every day. We believe by being transparent and sharing our statistics and experience from handling claims that we can raise awareness of issues and highlight best practices.
“Many accidents are caused by poor decisions and so we believe it is important to try to understand why accidents happen, train the crew, and ensure they have the correct knowledge and understanding of risks.
“We are very pleased to see the industry trend is that the overall amount of insurance claims are not increasing,” he adds. “However the average cost for these claims is increasing. The best defence is to have a well implemented safety culture and efficient loss prevention.”
Latest News
Dry bulk industry pays tribute to outgoing INTERCARGO Chairman Dimitri Fafalios
(Posted on 10/01/25)Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios... Read more
IMO Secretary-General sets his priorities for 2025 in new year message
(Posted on 07/01/25)International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has highlighted key items... Read more
Anemoi’s Vale VLOC Rotor Sails installation is largest wind-propulsion project to date
(Posted on 17/12/24)Anemoi Marine Technologies has completed the installation of five Rotor Sails onboard the 400,000 dwt... Read more
Partnership to provide crews with seamless Data Roaming experience
(Posted on 17/12/24)ShipMoney, a leader in digital payment solutions, has announced its partnership with Megga Telecom,... Read more
Thordon’s water-lubricated shaft bearings selected for bulk carrier refit
(Posted on 11/12/24)Thordon Bearings has delivered COMPAC water-lubricated propeller shaft and SXL rudder bearings to replace... Read more
DNV: cost-efficient strategies can cut price of FuelEU Maritime compliance
(Posted on 11/12/24)According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies... Read more
Roadmap for Nordic Shipping’s fuel transition delivered to ministers
(Posted on 04/12/24)The Nordic Roadmap project has unveiled the Fuel Transition Roadmap for Nordic Shipping (‘the... Read more
MHSS expands to address unique maritime mental health challenges
(Posted on 04/12/24)Mental Health Support Solutions (MHSS) is pleased to announce the expansion of its team in Korea and... Read more
AVS Global strengthens Asia-Pacific operations
(Posted on 04/12/24)AVS Global, the Istanbul-based ship supply, catering, supply management, logistics, and procurement... Read more
U-Ming Marine appoints Anemoi to install Rotor Sails on VLOC
(Posted on 29/11/24)Leading wind-propulsion technology provider Anemoi Marine Technologies Ltd. (“Anemoi”) and... Read more